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According to Chuan Jinnuo's announcement, net profit attributable to shareholders of listed companies is expected to be 160 million yuan to 180 million yuan in the first three quarters of 2026, a year-on-year decrease of 40.87%-47.44%. The change in performance was mainly due to an increase in procurement costs for the core raw material sulfur element, a year-on-year decrease in comprehensive gross margin, and a year-on-year increase in expenses for the period. The company's Q3 net profit is expected to be between $36 million and Q2 net profit of $83 million. Based on this calculation, Q3 net profit is expected to drop 32%-56% month-on-month.
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According to Chuan Jinnuo's announcement, net profit attributable to shareholders of listed companies is expected to be 160 million yuan to 180 million yuan in the first three quarters of 2026, a year-on-year decrease of 40.87%-47.44%. The change in performance was mainly due to an increase in procurement costs for the core raw material sulfur element, a year-on-year decrease in comprehensive gross margin, and a year-on-year increase in expenses for the period. The company's Q3 net profit is expected to be between $36 million and Q2 net profit of $83 million. Based on this calculation, Q3 net profit is expected to drop 32%-56% month-on-month.
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